Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It might be early but we've all seen the pattern before. This is only going one way and that's down. Unless we finally get news of some substance. Blind faith can only last so long. People have invested hard earned money in this share and the BOD have treated those investors with utter contempt in my opinion. An irrelevance to them, a nuisance they placate every now and then with scraps of info. Their cheerleaders then pump the share. RINSE AND REPEAT.
Sad part is though, he's right. The only people who have been right have been the naysayers. Have a nice little holding here and on a free ride, but what was once looking life changing, I'll now be happy to get a nice holiday out of.
This has become a huge, huge disappointment. BOD have been unlucky with the war and Covid before that. But it doesn't excuse their total disregard for the shareholders. People selling up because of silence from the board. No one knows where we are. And to be honest, it stinks.
The way this has gone, their reputations are badly damaged in my opinion. I certainly wouldn't touch anything again involving our BOD. They are treating investors with open contempt with the van kicking and lack of any substantial in way of updates.
They can only blame Covid and the war for so long.
Every RNS just kicks the can further down the road. I remember when the same idiots ramping this share were saying the last step was the Monchetundra flanks. That was 2 years ago tomorrow. Fact is this is now a 50/50 spin of the roulette wheel. BOD lost control of this a long time ago. Time for them to come clean where we are and where we're going.
That's part of the problem. The big movie makers are producing rubbish that no one wants to see. All remakes and woke nonsense. Even Star Wars and Marvel are going woke, and people don't want to watch it.
What happened with Oyster Oil? Biggest pile of rubbish on AIM in my opinion. Steer well clear, you've been warned.
BOD are all at sea. Too many things out of their hands at the moment. All they can do is cross their fingers the same as us. Things in Russia can change in a heartbeat and there is nothing Eurasia can do.
That I'm afraid is the unpalatable truth.